Summaries by Prachi Priya, R.V. Anuradha

India's climate policy, including a carbon credit scheme, needs better trade recognition. Current pacts undervalue its decarbonization efforts and implicit carbon costs. India must pursue an equitable, forward-looking trade strategy, linking market access to climate technology transfer and green investments. Domestically, "green PLIs" and low-carbon industrial hubs are key. Globally, India must actively shape carbon markets and climate-trade governance, collaborating with Global South nations. This ensures diverse decarbonization pathways are recognized, crucial for its economic future.